Searches And Hires
The plan selected a new mid-cap growth manager over four other finalists to replace Allspring Global Investments at its August board meeting.
The pension plan disclosed two private equity commitments yesterday.
The plan hired an additional fixed-income manager at its first September board meeting.
The plan conducted a search earlier this year due to the incumbent’s expiring contract.
The plan is searching for infrastructure managers after creating a maiden target to the asset class last year.
The university will consider adding long/short credit and venture capital commitments with new investment managers at its board meeting this week.
The treasurer’s office hired a firm to handle the inaugural investment within its infrastructure impact investment program after hiring an investment advisor to oversee the program earlier this year.
The town made an award in its search for an investment manager to oversee an educational fund after issuing an RFP in the fourth quarter due to the impending contract expiration of the incumbent provider.
The hire concludes the pension plan’s search for a core-plus fixed-income manager to handle between $130 million and $150 million.
The plan’s current manager was first hired in 2017.